Location: Le Flore County, OK | Metro: Le Flore County, OK
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $920 | $103,013 | 0.89% | C |
| 3BR | $1,270 | $174,571 | 0.73% | D |
U.S. Census Bureau data (2024)
To integrate ZIP 74930 (Bokoshe, OK, Le Flore County, OK metro) into a Section 8 portfolio strategy, it serves best as a cash-flow anchor. This classification is based on the financial metrics available for the area.
The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940. In contrast, the current market rent stands at $750. The difference between these two figures, known as the spread, amounts to $190. This positive spread indicates that landlords can benefit from higher rental incomes when participating in the Section 8 program compared to the general market rent. It ensures a steady, reliable cash flow from tenants who are financially supported by the government to cover their housing costs.
Additionally, the median home value in ZIP 74930 is $164,958. While this figure is important for understanding the overall property values in the area, it does not directly impact the decision to classify the ZIP code as a cash-flow anchor. However, it does provide context for the local real estate market, which can be stable and predictable given the relatively low median home value.
The renter share in Bokoshe, OK, is 17.1%, indicating that a significant portion of the population rents their homes. With a median household income of $55,526, many residents may find themselves eligible for the Section 8 housing assistance program, further supporting the viability of the cash-flow anchor strategy.
ZIP 74930 cannot be classified as an appreciation play because there is insufficient data to determine the percentage of price-cut shares or the days on market (DOM) for properties. These metrics would help identify trends in property value growth, but they are currently unavailable.
Bokoshe, OK, also does not serve well as a diversifier due to the lack of specific data points such as the percentage of price-cut shares or DOM. Diversifiers typically offer opportunities to balance out risks and rewards across different types of investments, but the available data focuses more on the cash flow stability provided by the Section 8 program.
In summary, ZIP 74930 is best suited as a cash-flow anchor in a Section 8 portfolio strategy, given the favorable spread between the FMR and market rent, ensuring a consistent and reliable income stream for landlords and small-portfolio investors.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.